I worried about the above question over and over the last few years of being in CH 13. Couldn't get a loan in my thinking, though this is not exactly right! What I didn't consider was that people can BUY a working used car for 2k! Still I didn't think that way till a bit ago. We are so close to being done with our CH13 and my husband was thinking we could take the money we have and put it down as a down payment for a new Van soon as it was done. I did some research and finally saw the light, forget car debt, I asked him if I could handle getting the van and he said yes, so I took the 5.5k and went and got a used Odyssey at a dealer, 1k less than they listed it for. I called the bank and used my Debit card for it even. I drove it home. It is in the driveway. It is so weird. I love it, it is safe, a great van, and NO payment.
My point here, forget the car debt. I thought it was normal to have such debt, that no one could get a good car for less than 10k. I was wrong.
Now to save for repairs, there are always repairs with cars, and the age doesn't really matter, always repairs!
My point here, forget the car debt. I thought it was normal to have such debt, that no one could get a good car for less than 10k. I was wrong.
Now to save for repairs, there are always repairs with cars, and the age doesn't really matter, always repairs!
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